Global industrial automation market in life sciences to grow by USD 5.06B

The global industrial automation market in life sciences industry size is estimated to grow by USD 5.06 bn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 11.4% during the forecast period.

Onsite- In the industrial automation market within the life sciences industry, deployment segmentation reveals that onsite deployment holds the largest market share. This preference is primarily due to the enhanced security features offered by onsite deployment. In contrast to cloud-based deployment, onsite models utilize dedicated servers for data storage, providing greater control and security. Human-machine interfaces, sensors such as photoelectric, laser, inductive, and temperature, Programmable Logic Controllers, servos, lasers markers, safety light curtains, robots, and various motor types including AC and DC, are integral components in both deployment models. Discrete automation and process automation applications in the industrial sector, including robotics, automation, manufacturing, material handling, and networking architectures, benefit from these advanced technologies. The integration of cloud, mobility, Internet of Things, and factory automation in the automation sector further enhances the capabilities of these systems. Cloud computing platforms, semiconductors, electronic devices, automotive, aerospace, heavy engineering, machine learning, and healthcare are among the verticals that leverage these automation solutions.

North America- The life sciences industry in North America is experiencing a significant shift towards industrial automation, driven by the increasing demand for premium healthcare services catering to an aging population. This turbocharges the industrial sector with advanced technologies such as Programmable Logic Controllers (PLCs), 5G wireless technology, digital twin, digitalization, industrial IoT, and virtual capabilities. Cloud engineering and Software-as-a-service (SaaS) enable virtual reality and edge computing, while artificial intelligence and advanced analytics enhance the human-machine interface. Sensors, including photoelectric, laser, inductive, and safety light curtain, integrate with servo and AC/DC motors, lasers markers, and robots to streamline manufacturing and material handling processes. Networking architectures, cloud, mobility, and the Internet of Things (IoT) facilitate factory automation, with cloud computing platforms and semiconductors powering electronic devices in the automotive and aerospace industries. These technological advancements are transforming the automation sector, enabling greater convenience, patient experience, and improved quality of care.

Market research overview
The Industrial Automation Market in the Life Sciences Industry is experiencing significant growth due to the increasing demand for efficient and accurate manufacturing processes. This sector requires advanced automation solutions to ensure product quality, regulatory compliance, and reduced time-to-market. Automation technologies such as robotics, machine vision, and sensors play a crucial role in automating various processes, including production, quality control, and logistics. Additionally, the integration of IoT and AI technologies is revolutionizing the industry by enabling predictive maintenance, real-time monitoring, and data-driven decision-making. The market is expected to continue its growth trajectory, driven by the rising adoption of automation in R&D, manufacturing, and supply chain management. Technavio